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WTF happened to the WTF happened to the WTF happened with Trump today thread?

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illiniray

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #5910 on: August 22, 2025, 04:11:02 PM »
Bolton is not at all being targeted. Vance said so.
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murphstahoe

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #5911 on: August 22, 2025, 04:14:32 PM »
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alum74

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #5912 on: August 22, 2025, 05:04:12 PM »
Quote from: murphstahoe on August 22, 2025, 04:14:32 PM
actual communism

https://www.cnn.com/2025/08/22/tech/trump-intel-10-percent-stake?Date=20250822&Profile=cnn&utm_content=1755892166&utm_medium=social&utm_source=threads

not to mention a pretty bad investment with our money

So Trump will direct Intel to refuse the sale of chips to any company he wants to punish, as part of his retribution tour.  And if they sell them anyway, Trump will seize a controlling share.

To save the company, of course.
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Custard

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #5913 on: August 23, 2025, 02:20:09 AM »
Quote from: murphstahoe on August 22, 2025, 04:14:32 PM
actual communism

https://www.cnn.com/2025/08/22/tech/trump-intel-10-percent-stake?Date=20250822&Profile=cnn&utm_content=1755892166&utm_medium=social&utm_source=threads

not to mention a pretty bad investment with our money

Per your article:


“The remaining $5.7 billion that Intel had been awarded but not yet granted from the CHIPs and Science Act will fund the equity, along with $3.2 billion that Intel had been promised from the Department of Defense as part of the Secure Enclave program. The government is purchasing 433.3 million shares at a price of $20.47 per share, or a 9.9% stake in the company.”

Per your article:

“Those shares are now worth 11 billion.”


Lol let’s not talk about Obama bailing out most of complicit corporate America after the crisis and not when taking an actual stake in many of those organizations. The US got 10% of Intel for what we already had agreed to pay them, and it’s already worth 3 billion more because of it. But that’s just chump change to guys like Murph.

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illiniray

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #5914 on: August 23, 2025, 11:59:21 AM »
Trump administration is reviewing all 55 million foreigners with US visas for any violations
https://apnews.com/article/trump-visas-deportations-068ad6cd5724e7248577f17592327ca4

U.S. Tourism Will Lose Up To $29 Billion As Visitors Plummet Amid Trump Policies
https://www.forbes.com/sites/suzannerowankelleher/2025/07/03/us-tourism-lose-29-billion-trump-policies/


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illiniray

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #5915 on: August 23, 2025, 12:04:06 PM »
Quote from: Custard on August 23, 2025, 02:20:09 AM
Per your article:


“The remaining $5.7 billion that Intel had been awarded but not yet granted from the CHIPs and Science Act will fund the equity, along with $3.2 billion that Intel had been promised from the Department of Defense as part of the Secure Enclave program. The government is purchasing 433.3 million shares at a price of $20.47 per share, or a 9.9% stake in the company.”

Per your article:

“Those shares are now worth 11 billion.”


Lol let’s not talk about Obama bailing out most of complicit corporate America after the crisis and not when taking an actual stake in many of those organizations. The US got 10% of Intel for what we already had agreed to pay them, and it’s already worth 3 billion more because of it. But that’s just chump change to guys like Murph.

Central planning, in contrast with a Market Economy, is not necessarily always a bad. I don't think having DJT doing the planning is a good idea..
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alum74

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #5916 on: August 23, 2025, 12:51:06 PM »
Quote from: illiniray on August 23, 2025, 12:04:06 PM
Central planning, in contrast with a Market Economy, is not necessarily always a bad. I don't think having DJT doing the planning is a good idea..

Looking back at Trump's track record as an investor, one has to wonder what could possibly go right.
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illinicalvin

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #5917 on: August 23, 2025, 03:48:57 PM »
Investing in Intel probably is like betting on Atlantic City instead of Vegas at this point.
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ThePAMan

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #5918 on: August 24, 2025, 02:24:16 PM »
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illiniray

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #5919 on: August 24, 2025, 03:25:44 PM »
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Judge Judy

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #5920 on: August 24, 2025, 04:37:29 PM »
Quote from: illiniray on August 24, 2025, 03:25:44 PM


You spelled, “Suck My Dick” wrong…
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Custard

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #5921 on: August 24, 2025, 07:05:39 PM »
Quote from: illiniray on August 23, 2025, 12:04:06 PM
Central planning, in contrast with a Market Economy, is not necessarily always a bad. I don't think having DJT doing the planning is a good idea..

Biden was giving them the money for nothing. At least now the government has a share in exchange for that investment. Not sure why anyone would be mad about that. Especially if you think the company is basically kaput anyways. At least the government might at least get *something* out of the fire sale versus the nothing they were going to get.
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Custard

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #5922 on: August 24, 2025, 07:06:02 PM »
Quote from: illinicalvin on August 23, 2025, 03:48:57 PM
Investing in Intel probably is like betting on Atlantic City instead of Vegas at this point.

That money was pledged to Intel under Biden admin, was it not?
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murphstahoe

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #5923 on: August 24, 2025, 07:28:51 PM »
Quote from: Custard on August 23, 2025, 02:20:09 AM

Lol let’s not talk about Obama bailing out most of complicit corporate America after the crisis and not when taking an actual stake in many of those organizations. The US got 10% of Intel for what we already had agreed to pay them, and it’s already worth 3 billion more because of it. But that’s just chump change to guys like Murph.

if they aren't flipping for a quick profit, it will be worth zero soon enough. I guess it's on song for Trump, he's a big fan of bankrupting companies.
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murphstahoe

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #5924 on: August 24, 2025, 07:31:21 PM »
Quote from: illiniray on August 23, 2025, 11:59:21 AM
Trump administration is reviewing all 55 million foreigners with US visas for any violations
https://apnews.com/article/trump-visas-deportations-068ad6cd5724e7248577f17592327ca4

U.S. Tourism Will Lose Up To $29 Billion As Visitors Plummet Amid Trump Policies
https://www.forbes.com/sites/suzannerowankelleher/2025/07/03/us-tourism-lose-29-billion-trump-policies/

look at the bright side. The hotel rooms in Vegas for the Raiders game are getting cheaper every day. I might show up and toss Miriam Adelson a fiver and ask for a suite and say "how's that MAGA going for ya?"
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